Covid-19 pandemic risks dramatic rise in poverty, warns World Bank
by Richard Partington Economics correspondent from on (#54EZG)
As many as 90% of the 183 economies are expected to suffer from falling levels of GDP in 2020
The coronavirus pandemic has triggered the most widespread global economic meltdown since at least 1870 and risks fuelling a dramatic rise in poverty levels around the globe, the World Bank has warned.
In a report the Washington-based organisation said the highest share of countries in 150 years would enter recessions at the same time.
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